Seller's Agent in 2023
Thomas Gadbois
F.O. Bailey Real Estate
(207) 409-8339
5 in this area
142 Total Sales
159 Elm St Biddeford, ME 04005
Downtown Biddeford Neighborhood
--
Bed
17
Baths
11,650
Sq Ft
10,019
Sq Ft Lot
Highlights
- Colonial Architecture
- Hot Water Heating System
- Level Lot
- No HOA
- 5 Car Garage
- Community Storage Space
About This Home
As of May 2023Turn key 16 unit mixed use building located in the heart of Biddeford which is one of Maine's fastest growing cities! This building offers (7) - 1 bedrooms, (7) - 2 Bedrooms, (1) -3 bedroom + (1) leased commercial garage space & office + 9 +/- parking spaces. All units have been updated including new flooring, granite, paint, bathrooms, + Wi-Fi camera/surveillance & fire suppression system! Please don't miss the opportunity to own an easy to manage building close to everything!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,052
Year Built
- Built in 1900
Lot Details
- 10,019 Sq Ft Lot
- Level Lot
- Open Lot
Parking
- 5 Car Garage
- Driveway
- Off-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Shingle Roof
- Composition Roof
- Fiberglass Roof
- Masonry
Interior Spaces
- 11,650 Sq Ft Home
- 2-Story Property
- Carpet
- Unfinished Basement
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
- Gas Water Heater
Listing and Financial Details
- Tax Lot 145
- Assessor Parcel Number BIDD-000038-000000-000145
Community Details
Overview
- No Home Owners Association
- 16 Units
- The community has rules related to deed restrictions
Amenities
- Community Storage Space
Building Details
- Operating Expense $91,672
- Gross Income $272,364
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/01/2023 05/01/23 | Sold | $2,300,000 | -10.2% | $197 / Sq Ft | |
| 02/27/2023 02/27/23 | Pending | -- | -- | -- | |
| 02/17/2023 02/17/23 | For Sale | $2,560,000 | +176.8% | $220 / Sq Ft | |
| 02/02/2018 02/02/18 | Sold | $925,000 | -16.3% | $86 / Sq Ft | View Prior Sale |
| 11/29/2017 11/29/17 | Pending | -- | -- | -- | |
| 06/22/2017 06/22/17 | For Sale | $1,105,000 | -- | $102 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $22,766 | $1,601,000 | $358,900 | $1,242,100 |
| 2023 | $21,005 | $1,601,000 | $358,900 | $1,242,100 |
| 2022 | $16,052 | $978,200 | $247,700 | $730,500 |
| 2021 | $15,000 | $822,800 | $202,600 | $620,200 |
| 2020 | $13,522 | $674,400 | $157,600 | $516,800 |
| 2019 | $13,475 | $674,400 | $157,600 | $516,800 |
| 2018 | $13,286 | $674,400 | $157,600 | $516,800 |
| 2017 | $11,542 | $575,100 | $157,600 | $417,500 |
| 2016 | $9,314 | $469,000 | $157,600 | $311,400 |
| 2015 | $9,131 | $469,000 | $157,600 | $311,400 |
| 2014 | -- | $469,000 | $157,600 | $311,400 |
| 2013 | -- | $590,000 | $221,400 | $368,600 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Gadbois
-
Chris Sullivan
Buyer's Agent in 2023
Chris Sullivan
Vitalius Real Estate Group, LLC
(207) 730-0884
4 in this area
129 Total Sales
-
C
Seller's Agent in 2018
Cheri Bonawitz
Cardente Real Estate, LLC
-
K
Seller Co-Listing Agent in 2018
Karen Rich
Cardente Real Estate, LLC
Map
Source: Maine Listings
MLS Number: 1552583
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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